Hi Biggerpockets community,My brother came across a great lead on a house and I wanted to get some opinions on it. The house is a really nice house and a great deal. The property needs a little work, but after a $10-1...

Greetings everyone!First, I apologize for asking something that must be obvious for most people on BP. I have recently started poking around notes (mostly out of curiosity and for my own education) and one thing that ...

For tax purposes... for the same home would you benefit more from claiming no income on secondary home vs claiming it as a straight up investment property? (Just to make it fair let's say tenant pays cash non traceabl...

Hello all,I am looking into buying a home from a friend who is currently renting out his house. He lives in an apartment in order to collect rent money from the renters at his home. He is going to be moving to Turkey ...

Hi All,My family and I moved from California to Colorado in December of last year. We are enjoying everything Colorado has to offer and are ready to start investing in real estate! We are currently under contract for ...

Broadening my investment strategy to include buy and hold without tying up all of my cash. In the past I've used traditional lenders as I'm a W2. For simple math sake, say I buy a property for $100K (assume tradition...

I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property.  Is it better to transfer the money to my personal account as a share holder distribution and the...

My local market is small and I know it well, I have found a fourplex that I intend to purchase as my first investment property. I meet the debt to income requirements to qualify for financing from a local bank and the...

Today I signed my final loan documents and paid my down payment and closing costs at my escrow company. I also did my final walk through and set up a savings and checking account for my first buy and hold. Closing is ...

Hello everyone! I am new here to bigger pockets and just getting started in the real estate business. This has been a passion of mine for a while now and after leaving a not-so-great job, I decided this was the best t...